Federal Direct Loans

Federal Direct loans can be subsidized or unsubsidized and are processed through the U.S. Government. You can receive a subsidized loan and an unsubsidized loan for the same enrollment period. Repayment begins six months after graduation or six months after your enrollment status is less than half time (five or fewer credits).

Federal Direct Parent Plus Loan (PLUS)

The Federal Direct Parent PLUS Loan is one that a parent can utilize to help pay for a student's educational expenses. This loan is for parents of dependent, undergraduate students who are enrolled at least half time (six credits or more). These loans are processed through the U.S. Government. Parents must be credit-worthy and have no adverse credit history.

Federal Grad (PLUS) Loans

The Federal Direct Grad PLUS Loan allows students enrolled in a graduate program to cover their entire education costs minus financial aid already awarded or supplement their Loan funding. It's an affordable alternative to using savings, income, or private loans for education costs. Students must complete a FAFSA to determine eligibility, must be a U.S. citizen or resident non-citizen, and have satisfactory credit history.

For more detailed information: Loans